Price for Fish; Live, Bluefin Tunas (Thunnus Thynnus) in Spain - 2023

Contents:

  1. Price for Fish; Live, Bluefin Tunas (Thunnus Thynnus) in Spain (CIF) - 2022
  2. Price for Fish; Live, Bluefin Tunas (Thunnus Thynnus) in Spain (FOB) - 2023
  3. Imports of Fish; Live, Bluefin Tunas (Thunnus Thynnus) in Spain
  4. Exports of Fish; Live, Bluefin Tunas (Thunnus Thynnus) in Spain

Price for Fish; Live, Bluefin Tunas (Thunnus Thynnus) in Spain (CIF) - 2022

The average import price for fish; live, bluefin tunas (thunnus thynnus)s stood at $3,543 per ton in 2022, dropping by -30.8% against the previous year. In general, the import price saw a perceptible downturn. The most prominent rate of growth was recorded in 2020 when the average import price increased by 79%. As a result, import price reached the peak level of $7,590 per ton. From 2021 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($7,100 per ton), while the price for France ($3,399 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+1.8%), while the prices for the other major suppliers experienced a decline.

Price for Fish; Live, Bluefin Tunas (Thunnus Thynnus) in Spain (FOB) - 2023

In September 2023, the average export price for fish; live, bluefin tunas (thunnus thynnus)s amounted to $21,958 per ton, almost unchanged from the previous month. Overall, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in August 2023 when the average export price increased by 140% m-o-m. Over the period under review, the average export prices attained the maximum at $22,843 per ton in January 2023; however, from February 2023 to September 2023, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In September 2023, the country with the highest price was Italy ($24,978 per ton), while the average price for exports to Portugal ($12,152 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+1.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Fish; Live, Bluefin Tunas (Thunnus Thynnus) in Spain

In 2022, approx. 17K tons of fish; live, bluefin tunas (thunnus thynnus)s were imported into Spain; rising by 2,182% against the year before. In general, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of fish; live, bluefin tunas (thunnus thynnus)s surged to $58M in 2022. Over the period under review, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Fish; Live, Bluefin Tunas (Thunnus Thynnus) in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France2.06.91.053.9199.8%
Italy0.84.80.94.577.8%
Portugal1.42.11.5N/A3.5%
OthersN/AN/A0.3N/A0%
Total4.213.83.758.5140.6%

Top Suppliers of Fish; Live, Bluefin Tunas (Thunnus Thynnus) to Spain in 2022:

  1. France (15.9K tons)
  2. Italy (0.6K tons)

Exports of Fish; Live, Bluefin Tunas (Thunnus Thynnus) in Spain

In 2022, approx. 390 tons of fish; live, bluefin tunas (thunnus thynnus)s were exported from Spain; falling by -46.9% on the previous year. In general, exports, however, recorded a temperate expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 195% against the previous year. As a result, the exports reached the peak of 734 tons, and then shrank sharply in the following year.

In value terms, exports of fish; live, bluefin tunas (thunnus thynnus)s fell markedly to $7.1M in 2022. Over the period under review, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 226%. As a result, the exports reached the peak of $12M, and then reduced remarkably in the following year.

Export of Fish; Live, Bluefin Tunas (Thunnus Thynnus) in Spain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy3,0922,0967,8774,62514.4%
France4668322,8281,36743.2%
Belgium10.131.543.9439251.6%
Netherlands9.052.2185234196.2%
Germany56.872.581.016743.3%
Portugal14410298.0119-6.2%
Croatia23630.484.0102-24.4%
Others91.239155066.5-10.0%
Total4,1053,60811,7477,12020.1%

Top Export Markets for Fish; Live, Bluefin Tunas (Thunnus Thynnus) from Spain in 2022:

  1. Italy (208.7 tons)
  2. France (106.0 tons)
  3. Belgium (28.5 tons)
  4. Netherlands (12.1 tons)
  5. Portugal (11.6 tons)
  6. Croatia (10.3 tons)
  7. Germany (8.7 tons)

Source: IndexBox Market Intelligence Platform

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